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German offer to end energy crisis

KARACHI, Feb 14: Germany is ready to provide all possible assistance to Pakistan to help it overcome the ongoing energy crisis, said Counsel General of Germany Dr Tilo Klinner said. Klinner said during a visit to the Korangi Association of Trade and Industry (KATI) here on Tuesday, said a KATI press release. The German diplomat said that there were several options of alternative energy resources including windpower, solar and thermal power and added that his country is already providing some solutions to Pakistan`s energy sector. According to the press release, Dr Klinner said Pakistan needed a stable and reliable political situation for luring foreign investors. He further assured of his diplomatic support to undo the negative perception created by media about Pakistan via counter narrative. He urged on building a positive image of Pakistan especially Karachi in order to make it attractive for foreigninvestors. Talking about the negative Time magazine story on Karachi, he said, `A peaceful Karachi is very important and we can work together in this regard,` Dr Klinner said, adding that he was doing his bit for positive image building. Regarding GSP Plus to Pakistan, he said that it would be approved by EU members after ratification by the WTO. While observing that the Pak-German balance of trade in 2010-11 was tilted in favor of Pakistan, he acknowledged that German companies operating here were very contented with their investments and `things are not as bleak as they seems. Earlier, in his welcome address, KATI chairman Ehteshamuddin said that a soft image of Pakistan should be presented among foreign investors to clear off negative propaganda by the foreign media. `The Afghan War has given a big blow to Pakistan`s economy. The EU and USA should help Pakistan by providing greater market access in order to rebuild its economy,` he said.

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